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Zimbabwe Arrests Dozens in Price Wars

Businesses flout strict cost-control laws as inflation passes 3,700%

By Dustin Lushing, Newser Staff

Posted Jul 9, 2007 3:28 PM CDT

(Newser) – Police in Zimbabwe have arrested 1,328 businesspeople, including 33 top executives, for violating official price controls installed to curb uncontrollable currency devaluation. The new regulations demand that many goods' prices be cut in half in response to inflation that has now risen to more... Read full story »

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Zimbabwe Arrests Dozens in Price Wars

Businesses flout strict cost-control laws as inflation passes 3,700%

inflation • Zimbabwe • Robert Mugabe • police • business • world economy • South Africa • consumer goods • banana • US economy • price control

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